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	Auction - Wikipedia, the free encyclopedia
		Auction catalogs are frequently printed and distributed before auctions of rare and/or collectible items; these catalogs may be very elaborate works, with considerable details about the items being auctioned.
		Auctioneers who have completed Auctioneer School commonly use the title Colonel and are given this honorary title because in the U.S. Civil War, Colonels of the armies were called upon to auction off the spoils of war.
		The Dutch auction is named for its best known example, the Dutch tulip auctions; in the Netherlands this type of auction is actually known as a "Chinese auction".
	en.wikipedia.org /wiki/Auction (1278 words)

	English auction - Wikipedia, the free encyclopedia
		Another variation on the English auction is the open-exit auction, where the bidders must announce that they are dropping out of the bidding and they can't reenter.
		Winner's curse is rampant in these auctions due to strong competition and inexperienced participants getting carried away in the heat of the moment.
		A disadvantage for both buyers and sellers with the English auction is that everyone must be in communication over the course of the auction, which can be expensive and difficult.
	en.wikipedia.org /wiki/English_auction (335 words)

	Agorics Inc.-- English Auction
		William Vickrey [Vickrey] established the basic taxonomy of auctions based upon the order in which prices are quoted and the manner in which bids are tendered.
		The English auction is the format most familiar to Americans and is known also as the open-outcry auction or the ascending-price auction.
		It might be noted that in France, the auction privilege (the right to conduct an auction) is sold to a select few individuals (some 500 throughout the country) by the central government.
	www.agorics.com /Library/Auctions/auction2.html (1148 words)

	[No title] (Site not responding. Last check: 2007-10-20)
		When the auction closes, if your bid is the current bid (which also means the highest bid in an English Auction), you win the item for auction.
		The rules of this auction are exatly the same as in Example A. However, this is a multiple unit auction, as indicated by the Quantity field.
		In a multiple unit English Auction, the minimum bid increases by the increment when all of the units are bid upon.
	www.hitechvalley.com /itglobalbid/EngAuction.html (532 words)

	Auction - Simple English Wikipedia
		An auction is a place you can buy and sell things.
		People say how much they will pay for something and the person that will pay the most gets it.
		Some auctions only let you place one bid.
	simple.wikipedia.org /wiki/Auction (130 words)

	English Auction
		An English auction is one of the oldest forms of auctions.
		The auction screen is constructed of several sub-windows that displays various pieces of data to the player.
		When the auction ends, no more bidding is allowed and an indication is given to the player.
	research.haifa.ac.il /~avinoy/auction/english (654 words)

	MAS -- Exercise 4: English Auction (Site not responding. Last check: 2007-10-20)
		The exercise is to develop a distributed application that makes use of an English Auction protocol to allocate some good.
		The auction consists of an auctioneer and a set of (e.g.
		Extend the previous auction (as a separate 3APL program) such that the auctioneer can sell a number of books in consecutive English auctions.
	www.cs.uu.nl /docs/vakken/mas/Pract/exercise4.html (137 words)

	FIPA English Auction Interaction Protocol Specification
		Each time the price is announced, the auctioneer waits to see if any buyers will signal their willingness to pay the proposed price.
		The auction continues until no buyers are prepared to pay the proposed price, at which point the auction ends.
		Note also that in a physical auction, the presence of the auction participants in one room effectively means that each acceptance of a bid is simultaneously broadcast to all participants and not just the auctioneer.
	www.fipa.org /specs/fipa00031/XC00031F.html (829 words)

	Auction - Education - Information - Educational Resources - Encyclopedia - Music (Site not responding. Last check: 2007-10-20)
		Sealed first-price auction: In this type of auction all bidders simultaneously submit bids in such a way that no bidder knows the bid of any other participant.
		Sealed second-price auction, also known as a Vickrey auction: This is identical to the sealed first-price auction, except the winning bidder pays the second highest bid rather than his own.
		Both the English and the second-price sealed-bid auctions will theoretically lead to the bidder's bidding up to (or submitting as a sealed bid) their true valuation of the item.
	www.music.us /education/A/Auction.htm (1184 words)

	Trials, Triumphs & Trivialities #144: Strategic Insights: Auction Games
		This is in large part due to our own Queen's Necklace and Fist of Dragonstones, each of which approach auctions from very different directions, but it's also due to the fact that some of the most lauded German games continues to be auction-dominant, from a wide array of wide-respected designers.
		Auction bidding continues going around the table until all the players but one have passed, and then the item is sold to the last bidder for his bid price.
		The favor auction is an unconstrained English auction with simultaneous one-time blind bids.
	www.skotos.net /articles/TTnT_144.phtml (4228 words)

	Crystal Group Co.,LTD (Site not responding. Last check: 2007-10-20)
		CNA purpose is to ensure the prosperity of the business and its members through the designing and improving of a more efficient and accurate form of purchasing used cars.
		Furthermore, in agreeing to participate in an auction members understand the risks and problems that may arise from an online auction.
		On the day the auction is held, you can also see the result of the auction such as what kind of car is sold for what price.
	www2.crystalgroup.co.jp /english/auction/index.html (896 words)

	The Wine Auction of the Hospices de Beaune is a symbol in the tradition of charity auction
		The Wine Auction of the Hospices de Beaune is a symbol in the tradition of charity auction
		The success of the annual auction did not mislead the administrators, who tolerated no concessions as to the quality of "their" wines: the 1956 and 1968 vintages were not put up for sale, and the corresponding auctions were canceled, since the production was judged to be "mediocre".
		This reputation is not only due to the television coverage : in order to have their name printed on the labels of the Hospices de Beaune, the buyers must respect a severe list of obligations, particularly to grow their wine in the wine-growing region of Burgundy and to use traditional bottle formats (75 cl).
	www.vin-et-tradition.com /english/beaune/auction.htm (935 words)

	MazadMaktoob First Arabic /English Auction on The NET
		We are not responsible for the actions the sellers/buyers take before, during, and after the auction, typographical errors, misprints, loss of merchandise/money, damage or failure of equipment, due to your visit to this auction site.
		Placing a bid on this auction site, and winning, then not paying for the product is illegal in most countries and states, and you might be prosecuted.
		Once the auction is over, if over reserve price, you are obligated to sell to the potential buyer which is the highest bidder in your auction.
	www.mazadmaktoob.com /forms/help/help_agreements.html (1472 words)

	WREEN
		Members only could view the auction taking place on-line and participants could bid on-line from the comfort of their homes or offices without traveling or commuting to an auction with complete discreteness and authenticity.
		Members or bidders must provide the relative documents and guarantees according to the bidding rules to participate in an auction either on-line or in person to guaranty the commitment of the highest three bidders to their bid.
		Auctions service delivers honest offers, secure and sound properties, serious and capable bids and an uncontaminated bidding environment to prevent false players from making bids higher or lower.
	www.wreen.com /english/auction.htm (307 words)

	SSRN-On Efficiency of the English Auction by Oleksii Birulin, Sergei Izmalkov
		Maskin (1992) shows that the pairwise single-crossing condition is both necessary and sufficient for efficiency of the English auction with two bidders.
		We introduce the generalized single crossing - a fairly intuitive extension of the pairwise singlecrossing - and show that it is both a necessary and sufficient condition for the existence of an efficient equilibrium in the N-bidder English auction.
		Birulin, Oleksii and Izmalkov, Sergei, "On Efficiency of the English Auction" (November 2, 2003).
	papers.ssrn.com /sol3/papers.cfm?abstract_id=471806 (283 words)

	A Survey of Auctions (Site not responding. Last check: 2007-10-20)
		An auction is an excellent method of distributing goods to those who value them most highly.
		Auctions, however, are far more complex than most people realize.
		Kate Reynolds has developed a series of articles for Agorics, explaining different auction types and some of the issues important in determining whether to use auctions and, if so, which kind.
	www.agorics.com /Library/auctions.html (137 words)

	Gelos Auction House, Moscow, Russia
		The Gelos Antiques Art Examination Institute established on the basis of Gelos Auction House is an exceptional (for Russia) educational institution for vocational training & continuing education in the antiques business.
		Gelos Auction House announces the launch of an exclusive project for auctioning off commercial real estate in the prestigious Moscow areas.
		Gelos Auction House guarantees the accuracy of auction lots' descriptions and assumes responsibility for the authenticity of information contained in lots' descriptions within 5 years.
	www.gelos.ru /english/index.shtml (544 words)

	3Types of Auctions: English Auction (Site not responding. Last check: 2007-10-20)
		The key point is that the winner pays no more than the highest price that the second-last bidder remaining would pay (note, there is an assumption that the bid increases in quite small intervals so that the last bidder recognizes when the second-last bidder drops out of the auction.
		From an efficiency standpoint, the bidder that values the item the most ends up with the item.
		Not all auctions are efficient in that sense.
	www.econ.iastate.edu /classes/econ532/hennessy/lectures/Auct16/sld003.htm (74 words)

	A Practical English Auction with One-time Registration - Omote, Miyaji (ResearchIndex) (Site not responding. Last check: 2007-10-20)
		Abstract: An English auction is the most familiar type of auctions.
		Generally, an electronic auction has mainly two entities, the registration manager (RM) who treats the registration of bidders, and the auction manager (AM) who holds auctions.
		Before starting an auction, a bidder who wants to participate in English auction is registered to RM with her/his informfi]fi8# An electronic English auction protocol should satisfy the following nine properties, (a) Anonymity, (b)Traceability, (c)No fram2#j (d)...
	citeseer.lcs.mit.edu /447131.html (526 words)

	MazadMaktoob First Arabic /English Auction on The NET
		The buyer and seller then are responsible for making their own arrangements to conclude the deal by payment and shipment.
		The binding contract of the auction is between the winning bidder and the seller.
		We feel this is a poor auction strategy and wastes the time of buyers and sellers alike.
	www.mazadmaktoob.com /forms/help/help_bidders.html (703 words)

	EconPapers: Optimality and Robustness of the English Auction (Site not responding. Last check: 2007-10-20)
		Abstract: This paper attempts to reconcile the observed popularity of the English auction with the hypothesis that the trading mechanism is chosen with the objective of maximizing the seller's expected revenue.
		Third, with two buyers, for a large class of signals' distributions, the augmented English auction maximizes the seller's expected revenue among all selling procedures where the loser does not pay and each buyer's payment is nondecreaseing in his own signal.
		With more than two buyers, the English auction is optmal among all ex post efficient mechanisms where the losers do not pay and each buyer's payment is monotone in his signal.
	econpapers.hhs.se /paper/stenystbu/95-03.htm (400 words)

	English Auction - Game Theory .net
		A type of sequential second price auction in which an auctioneer directs participants to beat the current, standing bid.
		A second price auction is also known as a Vickrey Auction after William Vickrey who first described it and pointed out that bidders have a dominant strategy to bid their true values.
		While the highest bidder pays the amount bid, an English auction is termed second-price since the winning bidder need only outbid the next highest bidder by the minimum increment.
	www.gametheory.net /dictionary/auctions/EnglishAuction.html (169 words)

	EconPapers: Dominance or Maximin: How to Solve an English Auction (Site not responding. Last check: 2007-10-20)
		Abstract: It is widely believed that the English auction is solved after the dominated strategies are eliminated.
		This opinion is formally confirmed only for one "ascending clock" auction and can not be generalized for most other English auctions.
		In this paper I show that the formal argument which is usually given in this context can not be derived from the dominance criterion alone, but that it can be used to prove that competitive bidding is the unique maximin strategy of a bidder who believes that his opponents do not play dominated strategies.
	econpapers.hhs.se /paper/bonbonsfa/418.htm (263 words)

	The Auction (Site not responding. Last check: 2007-10-20)
		Now, all the treasures she had collected during those years were being sold in a matter of hours.
		I was glad the auction was held outside and I was glad for the overcast sky and the cool breeze, as they heightened my mood and seemed to fit the dismal task at hand.
		I never could figure how Lora managed it, but she kept this smiling, cheerful look on her face as she held eye contact with the auctioneer, and at the same time, she was able to demand in very precise, terse, staccato words, a check from Wynn.
	www.gc.maricopa.edu /English/trav03/auction.htm (2095 words)

	SSRN-A Sealed-Bid Auction that Matches the English Auction by Elmar Wolfstetter, Motty Perry, Shmuel Zamir
		This paper analyzes a two-stage sealed-bid auction that is frequently employed in privatization, takeover, and merger and acquisition contests.
		This auction format yields the same expected revenue as the open ascending (English) auction, yet is less susceptible to preemptive bidding and collusion.
		Wolfstetter, Elmar G., Perry, Motty and Zamir, Shmuel, "A Sealed-Bid Auction that Matches the English Auction" (February 2000).
	papers.ssrn.com /sol3/papers.cfm?abstract_id=129789 (287 words)

	MSN Encarta - Dictionary - English auction
		Search for "English auction" in all of MSN Encarta
		auction with incremental bids: an auction in which the final price is determined by the highest of a series of bids
		Encarta® World English Dictionary [North American Edition] © and (P)2005 Microsoft Corporation.
	encarta.msn.com /dictionary_561533148/English_auction.html (70 words)

	Portakal Sanat ve Kültür Evi
		The pieces are then offered for sale on behalf of their owners in one of our auctions.
		Persons wishing to participate in these auctions need to apply to our institution at the beginning of April or October.
		Portakal Sanat ve Kültür Evi prepares comprehensive catalogues for its auctions and sends these catalogues to lovers of art.
	www.rportakal.com /english/auction.htm (111 words)

	Encyclopedia: English auction (Site not responding. Last check: 2007-10-20)
		The Winners curse is a phenomenon akin to a Pyrrhic victory that occurs in common value auctions with incomplete information.
		Categories: Auctioneering An auctioneer and her assistants scan the crowd for bidders An auction is the process of buying and selling things by offering them up for bid, taking bids, and then selling the item to the highest bidder.
		Click for other authoritative sources for this topic (summarised at Factbites.com).
	www.nationmaster.com /encyclopedia/English-auction (393 words)

	Nightwish.com
		During the visit I had very warm feeling about that we had opportunity to give happiness to these children", Tarja said.
		Auction profit, EUR 1750 was shared with 26 children.
		Parikanniemi children want to thank you all, especially Michael "Big Tini" Leipold who made the biggest offer.
	www.nightwish.com /english/auction_news.html (229 words)

	Tatet - english spanish translations (Site not responding. Last check: 2007-10-20)
		English Spanish Translation Resources: Translate a Word from English to Spanish.
		The word English can mean: * The English (people)people of England as an ethnic group.
		The word Spanish can mean: * The Spanish language (also known as Castilian) * From or related to Spain (See also List of famous Spanish people) * a tit wanksexual practice in which the penis is stimulated by rubbing it between a...
	tatet.org /search-english_spanish_translations.html (453 words)

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